Technical Analysis of United Power on 31 Dec 2016
This is no buy/sell recommendation - just a trial to see if
Technical Analysis (works to an extent) in Dhaka Stock Exchange.
This is an incomplete analysis as of 31 Dec
2016!
Fundamental Analysis: It is a good company with good Profits,
EPS and gives good Cash Dividends. Due to the change in reporting year, I have
not provided the numbers.
Now to the Technicals: I feel it might be good – but as the
pattern is not yet complete, I have not provided any charts. I think it will not
go below 139 in the coming days.
I will be watching and provide an update soon.
Stop loss would be 137.
Let us see what happens . . .
To be continued...
To be continued...
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